Statutory Accounts Production / Corporation Tax / Self-Assessment
We will complete your statutory accounts from your accounting records and ensure that they are compliant. Be that for Companies House in the case of Limited Companies and LLP’s or in support of the Self-Assessment tax return in the case of Sole traders and Partnerships. We will also calculate the tax liability and submit the relevant tax forms electronically to HMRC on your behalf.
Capital Gains Tax
Landlords: Sold or planning to sell a buy-to-let residential property? We are on hand to calculate your capital gains tax liability and help you in submitting the relevant returns to HMRC.
Management Accounts
Where desired, we prepare periodic management accounts so that you can review performance and where your business is going.
Payroll & CIS
We can process payroll for your business whether you pay your employees weekly, fortnightly or monthly, the service includes all payslips and monthly reports along with the Real Time Information submissions to HMRC. We advise you of your PAYE & NIC and Pension liabilities for each tax month.
If you are a Contractor or Sub-contractor (or both) In the Construction Industry Scheme we can also complete and submit your monthly CIS returns, providing the monthly tax deduction certificates for your Subcontractors, we will also notify HMRC of any relevant CIS deductions recoverable against your PAYE and NIC Liabilities.
Bookkeeping
We can take the hassle out of maintaining your businesses accounting books and records whether it be utilising accounting software such as Xero, Sage or QuickBooks or even, spreadsheets or cashbooks. We will tailor our bookkeeping service to your needs, however, bear in mind if your business is to be VAT registered and making sales in excess of the VAT registration threshold, currently £90,000, then you will be required to sign up to Making Tax Digital which requires that quarterly VAT returns are submitted electronically and the businesses accounting records maintained using accounting software.
VAT
We will extract the information for the quarterly VAT returns from your accounting records and advise you of the payment due. We will also ensure that your accounting records are accurate and you are declaring and claiming the correct amounts of VAT. We advise you of the payment due and submit the return electronically on your behalf. If your turnover is in excess of the VAT registration threshold (currently £90,000) then your business will be required to register for Making Tax Digital and submit its VAT returns electronically via accounting software.
Company Secretarial
We can look after all of the Company Secretarial needs of your Limited Company, including filing the company’s annual confirmation statement electronically on your behalf. We will also maintain your company statutory registers including the preparation of any dividend vouchers and minutes of meetings.
Software Training
We are well versed and partners with most of the major accounting software providers including Xero, Sage, FreeAgent and QuickBooks. We can offer 1to1 training sessions with these software packages. Please contact us for more details.
